12-28-2012, 06:27 AM
trans, most of the time for a new GLJ report would be collecting the new well data and doing their work, not making it public, and then all bidders assimilating it. Bids would not be fixed amounts for some calculation of gas resources, but per MCF-type bids; and finalization, evaluation, and selection of bids and detailed bidder proposals is supposedly under way. Frankly, I am extremely skeptical that a new GLJ report is needed or is going to be awaited; and I certainly hope not.